Noatum Maritime Group member Autoterminal has entered a shareholder agreement with Abu Dhabi Ports to establish a joint venture (JV) for the management of a new RoRo / car terminal at Khalifa Port in Abu Dhabi, UAE.
The proposed JV is set to be named Autoterminal Khalifa Port.
It will operate a facility featuring a 300,000m² car terminal and more than 550m of dedicated quay area as part of a 15-year concession agreement.
The specialised terminal is expected to provide a geo-strategic location for import traffic, as well as improve communication with major cities within the UAE.
The terminal’s growth is anticipated to be supported by the 100km² Khalifa Port Free Trade Zone, which is fully integrated with Khalifa Port and represents the largest free zone in the region.
In addition, the facility is slated to offer a variety of services for its car terminal users, including pre-delivery inspections (PDIs), vehicle customisation and other technical services.
Abu Dhabi Ports is expected to provide its local and regional knowledge, and specialised infrastructure for the creation of Autoterminal Khalifa Port, as well as facilitate government support and commercial relationships.
Autoterminal will offer the relevant technology, IT software, and procedures for quality, environment and safety in the workplace, in addition to providing access to its international commercial network.
The company also aims to use the JV to fulfil its short-term objective of providing the new facility’s users with the same level of quality that is currently being offered to its customers at the Port of Barcelona, Spain.
The objective also aims to establish Khalifa Port as the regional hub for all commercial trade routes in the Gulf, East Africa and the Red Sea.
Noatum Maritime recently established a new division named Noatum Maritime Automotive to look after its activities related to port operations for vehicles and RoRo cargo.
Noatum Maritime Automotive handled approximately 1,200,000 vehicles last year.